CR is a fixed-rate bond instrument backed by the loan book of a leading UK short-term property lender specialising in bridging finance. The underlying lender has deployed approximately GBP 1.3Bn in capital since inception, with zero capital and interest losses to date, a current loan book of ~GBP 560M, and a GBP 350M active pipeline. All loans are 100% senior secured against UK real estate assets, with a weighted average LTV (Loan-to-Value ratio) of 63% and an average loan term of 16 months. The bond offers investors 8% p.a. net return on a 1-year term and 9% p.a. on a 2-year term, with interest paid monthly and no fees applied.
DEAL 4 — CR
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